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Just what I thought. Provide evidence or beat it.
Not in the least. It's just funny when the negative posters come in and claim "pump and dump" and "scam" yet have zero evidence to back it up. If you were truly concerned for the posters here and you really thought it was a scam you would report it. I'm not sure what your motives are but I do know you have zero evidence of your claims.
What's wrong with making money on "scammy hot topic stocks"?
Now that more news is coming out it sounds like he is rescinding the Cole memo but he will leave it up to the US attorneys in each state to decide if they will enforce it. If that's the case then states like California will obviously do nothing to enforce it.
and he was able to short 5% above the highest point it ever hit. Must have one friendly broker.
Please tell us how your $3.39 short is going. I'll hang up and listen.
LOLOLOL how did you even have money to short at 11 when you are getting CRUSHED on your other short. Did it even hit 11? You are such a joke and obviously a complete liar.
Good choice. I'd like to see how this federal news will all shake out. Even if it doesn't have any affect it will scare people enough to drive the price way down. Just gives everyone another great buying opportunity.
I agree but in the meantime CANN is going to drop significantly. I'm not taking that ride down. I'll sit in cash until it bottoms out. Wouldn't be surprised to see it drop below $5 today.
The amount of sells is off the charts. I sold all because this news is going to tank it. Cue the shorters acting like they knew it was going to tank but it took a federal law to do it.
Well shit.
No jersey. He does know. He just told you it's a fact.
Are options still not available with CANN? I think you'd be nuts to take as much risk as you would to short this stock. The last guy bragging that he shorted we never heard from again. I'm pretty sure his wife killed him. If this hits $20 will we hear from you again?
Just did the same. Greed can get you killed with CANN.
Going right for $10.
Michigan got the required signatures to put a bill on the November ballot to legalize. I think it would be the second biggest state to legalize and I would imagine there will be quite a few more coming.
Comfortable? I'm getting bored! When will we hit 8?!
After seeing the premarket jump I put the amount I pulled out back in at $6.92. Thank god!
It never went through. Just double checked. The main difference that starts next week is that income taxes are lowered. So for day traders in non qualified accounts they might wait until next week to make any sells so that they pay the lower income tax rate on the short term gains.
So who was the genius that decided to short this? And where is he now?
Didn't the FIFO rule not go through?
I'm not talking about the long term capital gains rate. I'm talking about short term.
Nah I'm not too optimistic for the open on Tuesday. I'll see what happens then before I get back in.
Sold a third at $7.31. Feel pretty good with that. I think the market in general will take a hit on Tuesday with people selling their gains at the new lower income tax rates.
Yep. I'm also worried Tuesday could be a big sell off day for those delaying the tax hit to 2018.
Keep debating on when to trim some. Tough choice.
Fine one more time. $8?
Ok let me rephrase. $7 today?
We breaking $6 today? I think so...
$5 seems like a big ceiling over it but if it breaks through...
Pretty big gap at the opening. Could be a big day.
Here she comes...
Already up premarket. This is going to be a VERY big day. Anyone have level 2 access? Bet the buy orders are loaded up.
The only thing stopping it today is time.
That's huge and a lot of people probably won't see this until after 4:00. Tomorrow could be another big day.
Talk about a complete collapse. Posters were laughing at you a week ago when you were dead right.
Are most down? My second biggest MJ stock is PHOT and it's up 36% in the last week.
Not to mention that even if you are going to grow there is still a lot of products to buy like seeds, lights, and proper nutrients to grow.
Gotcha thanks.
The 32 million number is irrelevant to me. My point, and again you can calmly correct me if I'm wrong, is that it went from 24 to 32. If I owned 50 shares of a company that only has 100 and overnight they issued 100 new shares I went from owning 50% of the company to 25%. I would be diluted by 50%. In this case going from 24 to 32 would be a 33% dilution of everyone's shares.